Bearish MACD for ADTRAN, Inc.
September 07, 2012 | Comments : 0
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September 07, 2012
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ADTRAN, Inc.’s ( ADTN - Analyst Report ) MACD indicator has moved into bearish territory with a reading of –0.6949. The Zacks #5 Rank (“Strong Sell”) stock decreased more 2.82% to $20.02 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by a cent over the past week to $1.19 per share.
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